Aqa AS Economics Unit 1 11th May 2015

OP

5 markers that have come up in previous years and so are most likely not to come up in the exam:

income elasticity of demand
subsidy
demerit good
negative externality
normal good
social costs
economies of scale
positive externality
equilibrium price
market failure
price elasticity of supply
market mechanism
composite demand
external cost
scarce resources
factor of production
positive cross elasticity of demand
marginal private cost
derived demand
private goods
--------------------------------------

therefore what could come up:

buffer stock
consumer surplus
negative cross elasticity of demand
demand
supply
diseconomies of scale
division of labour
economic good
excess demand
excess supply
geographical immobility
government failure
indirect tax
inferior good
information failure
joint supply
market failure
merit good
occupational immobility
monopoly
normal good
opportunity cost
normative statement
price elasticity of demand
positive statement
price elasticity of supply
private benefit
producer surplus
public good
specialisation

DONT TAKE MY WORD FOR THIS
THE QUESTION COULD BE SOMETHING COMPLETELY DIFFERENT OR COULD EVEN BE A REPEAT...WHO KNOWS???

Reply 3

Sexybadman

17

This is really helpful I Genuinely appreciate this a lot thanks :smile:

Reply 4

OP

Original post by Sexybadman

This is really helpful I Genuinely appreciate this a lot thanks :smile:

Thats ok

Reply 5

Curtis1234

I'm focusing mostly on Econ2 atm. Econ 1 should go well as long as i maintain my 20+ for multiple choice.

Reply 6

Sexybadman

17

When do you guys have the economics exam ? E1 and E2 ?

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Reply 7

Curtis1234

Econ 1 is 11th may and econ 2 is like 18th i think.

Reply 8

OP

Original post by Curtis1234

Econ 1 is 11th may and econ 2 is like 18th i think.

If youre doing econ 2 aqa, its on the 19th

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Reply 9

OP

Original post by Curtis1234

I'm focusing mostly on Econ2 atm. Econ 1 should go well as long as i maintain my 20+ for multiple choice.

Yes, you need to know more for econ 2 i think
you aiming to get an A?
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Reply 10

OP

Reply 11

creativebuzz

Original post by LearningGeek

5 markers that have come up in previous years and so are most likely not to come up in the exam:

income elasticity of demand
subsidy
demerit good
negative externality
normal good
social costs
economies of scale
positive externality
equilibrium price
market failure
price elasticity of supply
market mechanism
composite demand
external cost
scarce resources
factor of production
positive cross elasticity of demand
marginal private cost
derived demand
private goods
--------------------------------------

therefore what could come up:

buffer stock
consumer surplus
negative cross elasticity of demand
demand
supply
diseconomies of scale
division of labour
economic good
excess demand
excess supply
geographical immobility
government failure
indirect tax
inferior good
information failure
joint supply
market failure
merit good
occupational immobility
monopoly
normal good
opportunity cost
normative statement
price elasticity of demand
positive statement
price elasticity of supply
private benefit
producer surplus
public good
specialisation

DONT TAKE MY WORD FOR THIS
THE QUESTION COULD BE SOMETHING COMPLETELY DIFFERENT OR COULD EVEN BE A REPEAT...WHO KNOWS???

That's super helpful! Would you mind doing the same quick list for unit 2? :smile:

Reply 12

pinkpanther101

1

Original post by LearningGeek

5 markers that have come up in previous years and so are most likely not to come up in the exam:

income elasticity of demand
subsidy
demerit good
negative externality
normal good
social costs
economies of scale
positive externality
equilibrium price
market failure
price elasticity of supply
market mechanism
composite demand
external cost
scarce resources
factor of production
positive cross elasticity of demand
marginal private cost
derived demand
private goods
--------------------------------------

therefore what could come up:

buffer stock
consumer surplus
negative cross elasticity of demand
demand
supply
diseconomies of scale
division of labour
economic good
excess demand
excess supply
geographical immobility
government failure
indirect tax
inferior good
information failure
joint supply
market failure
merit good
occupational immobility
monopoly
normal good
opportunity cost
normative statement
price elasticity of demand
positive statement
price elasticity of supply
private benefit
producer surplus
public good
specialisation

DONT TAKE MY WORD FOR THIS
THE QUESTION COULD BE SOMETHING COMPLETELY DIFFERENT OR COULD EVEN BE A REPEAT...WHO KNOWS???

Hi there what do you think may come up for the 12 marker and 25 marker questions???
much appreciated if you could help.

Reply 13

BBeyond

15

Original post by LearningGeek

hey there everyone,
if you have found this forum it is possible you will also be taking this exam
I will try post what I think may come up in the exam in terms of 5 markers and the ultimate 25 marker questions
hope you find this useful
feel free to comment :smile:

You reckon we'll get a 25 marker on the housing market?

Reply 14

HanCL

Does anyone have the June 2014 Unit 1 Multiple Choice mark scheme? :smile:

Reply 15

BBeyond

15

Original post by HanCL

Does anyone have the June 2014 Unit 1 Multiple Choice mark scheme? :smile:

it's on the AQA website now :smile:

Reply 16

HanCL

Original post by BBeyond

it's on the AQA website now :smile:

The multiple choice part isn't.

Reply 17

pinkpanther101

1

Original post by BBeyond

it's on the AQA website now :smile:

Hi do you think the 25 marker question will be on the housing market?, I have a feeling that it will come up this year the past few years haven't bought it up so they might do so this year

Reply 18

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